Assess the strengths and weaknesses of the economic revival of Western Europe between 1945-1970. BY Czerny 791 World War Two left Europe in state of economic distress. The war had left many areas of Western Europe in complete ruin, and the world’s major industrial areas were brought to disintegration. Western Europe could not longer conduct the prosperous trade in which it once participated in. In […]

This is a market map that identifies the market segment each boutique is covering, as this provides an insight into the areas of the market that are not covering designer wear. This map shows a huge gap in the market for designer women’s wear in Peckham. The clothes retailers in this area sell low quality women’s wear at cheap prices which shows strong competition amongst […]

Article Summary The PESTEL analysis provides overview of political, economical, legal, social, technological and environmental factors that affect functioning of UK country hotel. Political factors indicate that businesses are highly motivated to be opened in the Herefordshire area because the country, in such a way, encourages economic stability and financial growth in the surrounding locality. The hotel will be indirectly benefited as well. Moreover, economic […]

Thus OPEC is of immense importance in world commerce. Purpose – Pope’s objective is to Co-ordinate and unify petroleum policies among Member Countries, in order to cure fair and stable prices for petroleum producers an efficient, economic and regular supply of petroleum to consuming nations, and a fair return on capital to those investing in the industry. Why do fuel prices vary in different countries? […]

The financial crisis that exploded in September 2008 transformed a benign global political and economic context into something more malign (Razzed Sally, 2011). On one hand, the end of 2011 sees the lethargy of Western economies continue with their futures uncertain. On the other, China has rebounded quickly, leading other east-Asian countries out of the crisis. To identify the presence of causal links between the […]

Article from Karl Moore: Karl Moore is PHd associate professor in the Faculty of Management at McGill University was responsible for writing the article “The Marketing Concept- RIP” which was published July 17th, 2006. He discusses the decline and the increasing irrelevance of the marketing concept idea and how firms are adapting this strategy in today’s market. Moore emphasis on the following points: 1. Importance […]

The services sector industry is among the more active sectors in every economic unit growing at a faster rate than the rest of the components in every economy. The financial and professional services component for one are among the more strategic professionals tht provide clients with strategic analysis, focused direction, competitive market positioning and portfolio assessments across all segments of an economy. This sector, being […]

Managerial economics (also called business economics), is a branch of economics that applies microeconomic analysis to specific business decisions. As such, it bridges economic theory and economics in practice. It draws heavily from quantitative techniques such as regression and correlation, Lagrangian calculus, [linear If there is a unifying theme that runs through most of managerial economics it is the attempt to optimize business decisions given […]

Monopoly is a term to describe an industry where a seller of a product or service does not have a competitor offering a close substitute. The word is derived from the Greek words monos (meaning one) and polein (meaning to sell). Rarely does a pure monopoly exist. In a pure monopoly there is only one company making and selling the item in question; however there […]

Till the time of American Revolution, the American economy was basically a “colonial” economy, and worked for the benefit of — the mother country(Britain). With time the colonies resentment with the mother country grew and they breached their links much to the ire of the British Empire. The period that went by between the American Revolution and the Civil War witnessed the growth of a […]